Youth Entrepreneurship

Menu
  • Welcome
  • Dayo Profile
  • Contact Dayo
  • JOIN OUR FORUM
  • Testimonials
  • Shop
  • Our Business Plans
  • OUR PRODUCTS
    • Coaching
    • Entrepreneurship book for Africa Students
    • MLM E-BOOK: How to Recruit and Get to the Top Fast in Any Network Marketing Business
    • Set Up Money Making Blog for Just N50,000

80 Things You Will Learn from 72IG Affiliate Marketing School, Digital Marketing Skill Development and Expertnaire Affiliate Implementation Programme. (Cost N65,000)

CLICK HERE

TEMPLATE FOR A SMALL BUSINESS TO ACCESS LOANS AND GRANTS

Dayo Adetiloye Business Hub

TEMPLATE FOR A SMALL BUSINESS TO ACCESS LOANS AND GRANTS

TEMPLATE FOR A SMALL BUSINESS TO ACCESS LOANS AND GRANTS

In order to determine whether you have a solid business idea, you need to do thorough research and make a business plan to show that your idea is realizable. For your business to attract investors, banks, creditors, even your employees, you need to have a good business idea and must be well stated in your business plan. These sets of outsiders would be expecting a good return based on what you have in your business plan. Your business plan serves as the rule or constitution guiding your business and it is important to know that your business needs externals to grow; externals include, funders, banks, e.t.c.

Your business plan is a platform where you can communicate your ideas to investors and if they consider it worthy, they will provide the capital. It then means that your business plan must rise to the taste or standard of investors, such that if any investor sees your business plan, they would be willing to be part of your business.

In your quest of getting investor’s attention through your business plan, you have to spend time thinking about your target market, marketing strategy, your competitors, your financial forecast, the problem your goods/services will solve, how you want to spend money to grow your business and more. In all, you must prepare a business plan that will attract investors. To do this, you must identify the investors’ needs required rate of return on investment, demonstrate evidence of the focus on a limited number of products or services, and have a proprietary market position through patents, copyrights, and trademarks.

Below is the template that includes the key elements for what goes into each step of the process to help create a business plan that will enable to have access to loans and or grants.

 

SECTION 1: EXECUTIVE SUMMARY

The purpose of the executive summary is to give readers a high-level view of the company and the market before further into details.  It appears first but written last and it provides an image of your business explaining who you are, what you do, and why. The executive summary provides a short, concise, and optimistic overview of your business to capture the reader’s attention. Not only that, your executive summary portrays all what your business entails and a well-written executive business plan will give you an advantage ahead of others in terms of getting loans and grants from investors and banks.

SECTION 2: BUSINESS OVERVIEW

Here, you will need to describe your business, what you are into and how you intend to satisfy your customers. In your business overview, you also state your mission, business location details, business structure, and business owner details, and how your products or services meet those needs. Define your business purpose and a statement based on your perception of the company’s growth potential. Ensure you include your specific goals and objectives. Provide background information about the company, including a brief history of the business and a list of fundamental company principles.

TEMPLATE FOR A SMALL BUSINESS TO ACCESS LOANS AND GRANTS

 

SECTION 3: MARKET ANALYSIS AND COMPETITION

This is another section of your business plan, an analysis of your market and competition. The market will definitely determine how successful your business will be. You will need to demonstrate that you have thoroughly analyzed your target market and have a high sufficient demand for your products/ services to make your business viable. The analysis of your competition should include a comprehensive assessment of your competition and how your business will compete in the sector. Describe the industry within which your business will operate, identify and provide a general profile of your target market, and describe the share of the market you have or anticipate for. Include both an analysis of research done by others together with your own research. Outline the strengths and weaknesses of potential competitors and strategies that will give you a competitive advantage.

SECTION 4: SALES AND MARKETING PLAN

Structure a marketing plan and sales strategy. Under this section, you can plan out your comprehensive marketing and sales strategies to cover how you plan on selling your product. Before working on your marketing and sales plan, you will need to have your market analysis completely sorted out and choose your target client. Discuss the competitive landscape, describe how you intend to entice your customers to buy your products or services, including advertising and promotion, sales and distribution, your pricing strategy, and post-sales support.

SECTION 5: OWNERSHIP AND MANAGEMENT PLAN

Here, you outline all operations and management roles. In this section, you need to describe the ownership, business management, and staffing requirement. Use this section to outline your company’s unique organizational and management structure. Describe how your business is organized, including its legal structure (sole proprietorship, partnership, and corporation); identify any special licenses your business operates with; provide a brief bio-data of key managers within your company; including an organogram of your business.

 

Read Also: HOW TO WRITE A PITCH FOR YOUR BUSINESS

TEMPLATE FOR A SMALL BUSINESS TO ACCESS LOANS AND GRANTS

SECTION 6: OPERATING PLAN

The operating plan outlines your business’s physical requirements. Such as office, retail space, equipment, inventory, supplies, and labor.  The operating plan for consulting firms is short and straightforward. While for businesses such as restaurant or manufacturers that requires custom facilities, supply chains, multiple employees, and specialized equipment, the operating plan may need to be detailed.

SECTION 7: FINANCIAL PLAN

The most important part of your business plan is the financial plan section.  This is because you need finance to achieve your objectives; whether you borrow from the bank or from investors. A financial plan is most crucial, especially if you need debt financing or something to attract investors. The financial plan must demonstrate your business growth and show that your business has the potential to generate profit. To do this, you need to provide projected income statements, cash flow, statements, and balance sheets. For new businesses, these are forecasts. A golden rule of thumb is to underestimate revenues and overestimate expenses. Outline your financial plan, including your business costs, revenue projections, and a funding request if you pitch to investors.

SECTION 8: APPENDIX

Your appendix section should contain any detailed information needed to support other areas of the plan, including company brochures resumes of key employees, a list of business equipment, copies of press articles and advertisements, picture of your business location and products.

It is pertinent to know that every business possesses a distinctive story followed by an individual request for a financial loan or any other assistance (grants).

 

If you need a service of a Professional Business plan writer, then Dayo Adetiloye Business Hub is the place to go Call or WhatsApp us now on 081 0563 6015, 080 7635 9735 or send an email to dayohub@gmail.com  and we will solve any of your business plan problems.

 

Hope you enjoy this article?

Share your thoughts in the comment session.

Contact us today for your business consultancy and business advisory services. We can help you fine-tune your idea, structure your business, market your business, train your staff, consult on your retirement plan, coach you for financial success. We also write a business plan and help with fundraising strategies and Grant applications. We can help you start, grow, and expand your business.

Call or WhatsApp us now on 081 0563 6015, 080 7635 9735 or send an email to dayohub@gmail.com  and we will solve any of your business problems.

Enter your name and email and Download our FREE eBook, get the weekly newsletter, Update on Grants, Business Opportunities & Premium Services from DayoAdetiloye.com... Joining is FREE!
Your information will *never* be shared or sold to a 3rd party.
  • Author
  • Recent Posts
Dayo Adetiloye Business Hub
Lets connect
Dayo Adetiloye Business Hub
Dayo Adetiloye Business Hub is a grassroot business development service provider with a 6 year of track record of excellent service delivery for local and international clients.

As a leading business development service provider in Nigeria, Dayo Adetiloye Business Hub has been recognized and certified by Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) in Conjunction with Enterprise Development Centre (EDC), Pan-Atlantic University (PAU) of the Lagos Business School (LBS).

Our solutions are designed for MSMEs and are supported by deep insight into various industries and extensive experience acquired from over the years by supporting our clients as partners in their business transformation.

Through our services and business activities, we help individuals/entrepreneurs transform their business ideas into a business venture, and support existing business to scale or expand their operation. We also connect startups and MSMEs with opportunities and resources for their business growth.

We have Consulted for more than 5000 MSMEs in the last 6 years in various industry including Agro-processing, Consulting, Training and Education, Financial Services, Waste Management, Renewable Energy, Oil and Gas, Construction, Real Estate, FMCG, Digital Marketing, Personal Branding etc.

Our Vision:
To become the leading grassroot business Hub that provides Business
Development Services in the global online community

Mission Statement:
- Provide bespoke management and business planning consultancy
- To connect MSMEs with opportunities and resources for their business startup, growth and expansion through trainings, seminars, coaching, consulting, mentoring, and Angel investing.
- To inspire, empower and champion entrepreneurship in the global online community.

Business Goals and Objective

- Engender national prosperity by contributing to the creation of at least 100 new businesses every year
- Become a go-to brand for outstanding business development services for MSMEs
- Strategic partnership with local and international organization to empower start-ups
- Continuous innovation to serve our clients better

Core Values:
Integrity
Opportunity Maximization
Digitalization
Personal Development (Capacity Building)
Excellent Customer Satisfaction
Timeliness
Dayo Adetiloye Business Hub
Lets connect
Latest posts by Dayo Adetiloye Business Hub (see all)
  • Philanthropist Kole Akintujoye’s Our Daily Bread Foundation: Eradicating Hunger in Nigeria and Beyond - March 20, 2023
  • 28 Reasons why Norland Network Marketing Company is the best in Nigeria - March 16, 2023
  • Top 50 Ways to Generate Leads for Expertnaire Affiliate Marketing Platform in Nigeria - March 16, 2023

Share this:

  • Tweet
  • WhatsApp

Related

Prev Article
Next Article

No Responses

  1. Pingback: FREE BUSINESS EXAMPLE FOR STUDENTS: RESTAURANT AS A CASE STUDY
    January 6, 2022

Leave a Reply Cancel Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Search this Blog

MLM Instant Recruiting Formula

Grant Winning Blueprint

How to Turn Yourself into a Live Breathing Cash Machine

Ecommerce Business

Follow me on Facebook

Follow me on Facebook

Follow me on Twitter

My Tweets

Youth Entrepreneurship

…Raising Millionaire Young Entrepreneurs
  • About
  • Dayo Speaks
  • Disclaimer
  • JOIN OUR FORUM
  • Shop
  • Privacy Policy
  • Sitemap
  • Advertise With us

About Us

Dayoadetiloye.com is a property of Dayo Adetiloye Business Hub committed to connecting entrepreneurs with resources.

We are one stop Business Resource Center where we help you discover, Develop and Fulfil your business potentials.

On this platform, we help you develop business plans and strategies, connect you with funding opportunities and share with your business opportunities.

Facebook Community: https://www.facebook.com/groups/156197005130352/

Twitter: www.twitter.com/dayoadetiloye

Email: Dayohub@gmail.com

Popular Posts

  • 50 SMALL SCALE BUSINESS IDEAS IN NIGERIA AND STRATEGIES TO START IT
    50 SMALL SCALE BUSINESS IDEAS IN NIGERIA AND STRATEGIES TO START IT
  • Peter Obi's Biography, Net Worth, and Rise to Popularity
    Peter Obi's Biography, Net Worth, and Rise to Popularity
  • 30 List of Grants, Fellowships, Entrepreneurship Training Programmes you can Apply for in Nigeria in  2023
    30 List of Grants, Fellowships, Entrepreneurship Training Programmes you can Apply for in Nigeria in  2023

Popular Category

  • Affiliate (36)
  • Articles (723)
  • Business Grant (342)
  • Business Opportunities (422)
  • Business Plan (682)
  • Competition (46)
  • CV Writing & Career Guide (61)
  • Dayo Initiative (13)
  • Entrepreneur of the Week (19)
  • Executive Summaries (148)
  • Expertnaire Affiliate Marketing (5)
  • Finance (15)
  • How To (133)
  • Job Vacancy (18)
  • Latest Post (1,681)
  • LOAN (23)
  • MLM Coaching (11)
  • Network Marketing (176)
  • NEWS (21)
  • Norland Nigeria (70)
  • Ofada Rice (6)
  • Online Marketing (50)
  • Product Sales (9)
  • Recharge and Get Paid (11)
  • Scholarship (7)
  • Scholarships (11)
  • Sponsored Post (223)
  • Trainings / Events (151)
Copyright © 2023 Youth Entrepreneurship
Dayo Adetiloye Business Hub

Ad Blocker Detected

Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by disabling your ad blocker.

Refresh
Enter your name and email and Download our FREE eBook, get the weekly newsletter, Update on Grants, Business Opportunities & Premium Services from DayoAdetiloye.com... Joining is FREE!
Your information will *never* be shared or sold to a 3rd party.
 

Loading Comments...